Sweetwater Springs Biblical Counseling Center Inc

Analysis

Sweetwater Springs Biblical Counseling Center Inc is a registered charity in United States, based in Newland, NC. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Sweetwater Springs Biblical Counseling Center Inc reported income of $68k and spending of $58k, spending 84% of its income. Across the 6 years on record, from August 2019 to August 2024, income fell from $81k to $68k (-16%), an average of -3.4% a year. The sharpest change came in the year to August 2024, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sweetwater Springs Biblical Counseling Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Gospel Projects ($68k), Ixcan Ministries ($68k) and Spirit Hollow ($68k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.